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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts

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To: Qone0 who wrote (71189)10/6/2022 10:17:30 AM
From: Lee Lichterman III3 Recommendations

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ajtj99
skier31
towerdog

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Right now, we're in a volatile market. I'm wondering how this strategy will work once everything calms down. Option prices should drop once VIX gets back in the teens.
Well that was a close call. I was set up to play the dark side but the market went up on the open so switched over for longs. Was holding a few hundred SPXL that I had just reentered when everything reversed. I'm not getting tweets for some reason so I couldn't see if there was news. Escaped on a bounce just before the floor fell out.
Fed guy is pretty hawkish. Market keeps hoping for a pivot that isn't coming. The Fed has said it isn't coming and the data backs them up. People were saying unemployment was higher than expected. Whoopdedo. Normal range was 300-500 for most of the time. 219 is still low.
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